2024-254-Order No. 2024-033 Recorded 9/6/2024REVIEWED Recorded in Deschutes County CJ2024-254
a Steve Dennison, County Clerk
LE AL COUNSEL Commissioners'Journal 09/06/2024 11:59:36 AM
``� IIII�IIIII'IIIII�IIIIIIIIIIIIII
2024-254
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
An Order Designating the Deschutes County
Property Manager, Kristie Bollinger as the * ORDER NO. 2024-033
Deschutes County Representative for the purpose
of signing documentation to complete the sale of
real property located at 67 NW Greenwood, Bend,
Oregon 97703 to Pfeifer & Associates
WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of real
property located at 67 NW Greenwood, Bend, Oregon 97703 to Pfeifer & Associates; and
WHEREAS, Deschutes County received an offer from Pfeifer & Associates (Buyer) to purchase real
property that consists of a +/- 4,700 square foot building situated on 0.11-acres for $790,000 subject to a 30-day
due diligence period, with an option to extend by 15-days; and
WHEREAS, the Buyer paid $20,000 earnest money that becomes nonrefundable when they Buyer
removes contingencies, which would be applied to the purchase price at closing; and
WHEREAS, the transaction is estimated to close September 15, 2024, unless the Buyer extends its due
diligence period, which would adjust the closing date according; now, THEREFORE,
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY
ORDERS as follows:
Section 1. The Deschutes County Property Manager, Kristie Bollinger is designated as the Deschutes
County representative for the purpose of signing the necessary documents to complete the sale of real property
located at 67 NW Greenwood, Bend, 97703 to Pfeifer & Associates.
SIGNATURES ON FOLLOWING PAGE
PACE 1 of 2- ORDER No. 2024-033
Dated this of 2024
A TEST:
Recording Secretary
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
PATTI ADAIR,' air
ANTHONY DEBONE, Vice Chair
PHIL CHANG, Conpfissioner
PAGE 2 of 2- ORDER No. 2024-033
vT ES Co
a <
MEETING DATE: August 28, 2024
SUBJECT: Approval of Board Order No. 2024-033 authorizing the sale of real property
located at 67 NW Greenwood in Bend to Pfeifer & Associates, and further
authorizing the Deschutes County Property Manager to execute the documents
associated with the sale
RECOMMENDED MOTION:
Move approval of Board Signature of Order No. 2024-033 authorizing the sale of real
property located at 67 NW Greenwood in Bend to Pfeifer & Associates, and further
authorizing the Deschutes County Property Manager to execute the documents associated
with the sale.
BACKGROUND AND POLICY IMPLICATIONS:
Deschutes County owns property located at 67 NW Greenwood, Bend. The +/- 4,200 square
foot building situated on 0.11-acres was acquired in 2002 from ODOT, and has been mostly
utilized for storage by the County. The building is currently vacant and is not currently
suitable for occupancy due to not meeting many of today's building codes.
In April 2024, Deschutes County Property Management listed the property for sale through
the real estate brokerage firm, NAI Cascades for $840,000.
On July 26, 2024, Pfeifer & Associates submitted an offer to purchase the property for
$790,000 and the Board of County Commissioners accepted the offer. Other highlights
associated with the transaction include,
1. $20,000 refundable earnest money -becomes nonrefundable after buyer removes
contingencies
2. 30-day due diligence period -buyer has option to extend financing contingency by
15-days
3. Closing by September 15, 2024 -unless buyer extends contingency then this date
would adjust accordingly
4. Buyer assuming revocable license with DPK Enterprises Inc. (Burrito Sunrise Food
Truck)
The buyer, Sally Pfeifer. owns Pfiefer & Associates, which is the region's largest outpatient
treatment provider, serving adults with substance use disorder in Bend, La Pine and
Redmond. Their intent is to purchase the property and complete an extensive remodel to use
for office space expansion.
BUDGET IMPACTS:
$790,000 gross proceeds
ATTENDANCE:
Kristie Bollinger, Property Manager